NYSE:LTCHealth Care REITs
LTC Properties Atlanta Deal Expands Senior Housing Operations Strategy
LTC Properties (NYSE:LTC) has acquired a three property senior living portfolio in Atlanta for $108 million.
The deal adds nearly 400 senior living units to its Senior Housing Operating Portfolio.
This acquisition shifts the portfolio mix, with senior housing operations now representing 27% of gross investment in under a year.
For investors watching LTC Properties at a share price of $37.73, this Atlanta transaction indicates that the company is leaning further into senior housing...